Chase Pre-qualfied

Anonymous · ‎11-01-2015

I was helping my bf check his pre-qualified offers tonight and decided to check mine as well. I got this for Chase? How accurate are their offers? I was denied for the Freedom card on 10/17/2015, but I didnt have any offers at that time. Choose One of Your Pre-Qualified Offers

Chase Freedom®

Always-on Cash Back & Save On Interest

EARN A $100 BONUS

after you spend $500 on purchases in your first 3 months from account opening*

*Offer Details | †Pricing & Terms

Unlimited 1% Cash Back on every purchase—it's automatic*
5% Total Cash Back on up to $1,500 in combined purchases in bonus categories each quarter*
0% Intro APR and No Annual Fee†

Chase Slate®

Save on Interest & Free Monthly FICO® Score

$0 INTRO BALANCE TRANSFER FEE†

0% Intro APR†

*Offer Details | †Pricing & Terms

$0 Annual Fee†

creditguy · ‎11-01-2015

Chase pre quals have been known to be pretty solid. Your scores may get you a low SL, but perhaps not, it's toss up sometimes. How old is your collection?

Anonymous · ‎11-01-2015

One thing you should check is if the APR is a range or set; if it's a range then it's about the same as applying cold, whereas a set APR is usually a very good sign for approval from Chase. Click on the Pricing and Terms for each of the cards and then you'll see what they're offering.

Also keep in mind that even if the APR is set, the SL might not be great if the APR is high in the range for that card since this means you're probably a borderline candidate.

Kenny · ‎11-01-2015

I removed the links from your post. Usually Chase pre-quals are pretty solid.

Take the myFICO Fitness Challenge

Anonymous · ‎11-01-2015

@creditguy wrote:
Chase pre quals have been known to be pretty solid. Your scores may get you a low SL, but perhaps not, it's toss up sometimes. How old is your collection?

Even if they just denied for the Freedom a few weeks ago? The collection is a little over 5 years old. I actually just settled the account last week and got them to agree to a PFD so it should be removed next week.

Kenny · ‎11-01-2015

@Anonymous wrote:
@creditguy wrote:
Chase pre quals have been known to be pretty solid. Your scores may get you a low SL, but perhaps not, it's toss up sometimes. How old is your collection?
Even if they just denied for the Freedom a few weeks ago? The collection is a little over 5 years old. I actually just settled the account last week and got them to agree to a PFD so it should be removed next week.

Wait for the deletion, for sure.

Take the myFICO Fitness Challenge

Anonymous · ‎11-01-2015

@Anonymous wrote:
One thing you should check is if the APR is a range or set; if it's a range then it's about the same as applying cold, whereas a set APR is usually a very good sign for approval from Chase. Click on the Pricing and Terms for each of the cards and then you'll see what they're offering.

Also keep in mind that even if the APR is set, the SL might not be great if the APR is high in the range for that card since this means you're probably a borderline candidate.

Says 0% Intro APR for the first 15 billing cycles. After that, 22.99% for both cards.

CreditCuriosity · ‎11-01-2015

I would wait another week or two as well if you choose to go for the freedom for the $200 sign-up bonus that is most likely to come back.

As long as you haven't opened 5 accounts in the last two years you should be good to go. If you have it will be denied most certainly.

Anonymous · ‎11-01-2015

Does that apply to store cards or just major cards?

CreditCuriosity · ‎11-01-2015

@Anonymous wrote:
Does that apply to store cards or just major cards?

I am not 100% sure.. I will let someone else answer that question as I have heard different opinions on it.